The Law Offices of Frank R. Cruz announces an investigation of Light & Wonder, Inc. (“L&W” or the “Company”) (NASDAQ: LNW) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On September 24, 2024, news sources reported that a Nevada District Court had granted L&W’s competitor, Aristocrat Leisure Limited (“Aristocrat”), a preliminary injunction relating to L&W’s game, Dragon Train, alleging that the Company misappropriated trade secrets in the development of the game.
On this news, L&W’s stock price fell $21.97, or 19.5%, to close at $90.71 per share on September 24, 2024, thereby injuring investors.
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If you purchased L&W securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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